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G7 Countries Hold Off on Releasing Emergency Oil Supplies

Finance ministers for the seven industrialized countries met on Monday and said they would consider releasing oil from reserves but were not ready to do so now.

Rebecca F. Elliott and Aurelien Breeden
Author: Rebecca F. Elliott and Aurelien Breeden

Written by

Rebecca F. Elliott and Aurelien Breeden

in

Birol, Fatih, Europe, European Commission, Far East, South and Southeast Asia and Pacific Areas, Heating, International Energy Agency, Iran, Israel, Natural Gas, Oil (Petroleum) and Gasoline, Prices (Fares, Fees and Rates), Production, Ships and Shipping, Shortages, Stockpiling, Strait of Hormuz, United States, US and Israeli Attack on Iran (2026), War and Armed Conflicts
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